Encoder...
Ah the encoder strip... actually had a customer forcibly pull it out because it was in the way of her cleaning the track on her SP-300. She thought it was decorative....
In any case, probably a combination of the encoder strip and more likely the Encoder Sensor.
Half of the Linear Encoder Strip sits hidden in a track. You can flip the encoder strip over to use the previously unexposed side.
You can carefully remove the encode strip, clean it (with isopropyl), and carefully reinstall it flipped over. You may have to punch a hole on the right side of the strip to make the bracket fit properly. You really should reinitialize the limit and recalibrate the strip when complete.
As for the sensor board... you may be able to clean it with an alcohol swab. Also make sure it's screwed down and not moving. It just may need replacing.
Feel free to PM me if you need specific assistance.
~E